Oracle, private equity firm Silver Lake, and Abu Dhabi-based investment company MGX each hold 15% equity stakes in the joint ...
Forbes contributors publish independent expert analyses and insights. I consult on marketing strategy, content creation, and messaging. Oracle burned through $10 billion in cash in its most recent ...
Monday - Friday, 6:00 - 7:00 PM ET CNBC's Jim Cramer on Tuesday opined on massive AI spending that has hurt tech stocks. He proposed that action from Oracle could slow down other hyperscalers' ...
Oracle shares weighed on the tech-heavy Nasdaq composite, but the Dow industrials and S&P 500 rallied to new records. The enthusiasm in the broader stock market extended a move from Wednesday that ...
NEW YORK (AP) — Wall Street set records on Thursday, even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weighed on the market. The S&P 500 inched ...
Oracle shares slid after the cloud-computing company's earnings reignited worries about aggressive spending on data centers. Quarterly capital expenditure overshot expectations by more than 40%. The ...
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